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U.S. Retail Traffic Was In-Line With Year-to-Date Trends on Black Friday, According to Sensormatic Solutions ShopperTrak Analytics
Businesswire· 2025-11-29 18:02
Core Insights - U.S. retail traffic on Black Friday 2025 was slightly down by 2.1% compared to 2024, but aligned with the year-to-date trend of -2.2% [1][6] - Shopper traffic on Black Friday (Nov. 28) saw a significant increase of 248.9% compared to the previous Friday (Nov. 21) [1][6] - The peak shopping times for Black Friday were identified as early afternoon, particularly between 2 and 4 p.m., with 3 p.m. being the busiest hour [2] Retail Trends - Retail traffic has been steadily increasing throughout the second half of 2025, starting from the back-to-school season, indicating a positive trend for the holiday season [2] - Black Friday is anticipated to remain the busiest shopping day of the year, as consumers take advantage of peak discount days for big-ticket items [2] - Predictions suggest that the busiest days of the holiday season will occur in the final days leading up to Christmas, with a sustained high-traffic period expected due to the holiday falling on a Thursday [3] Future Outlook - The successful Black Friday weekend is seen as a kickoff for a prosperous holiday season and a strong start for 2026 [4] - Historical data indicates that 77% of retailers who performed well in shopper traffic during the holiday season continued to outperform in the first half of the following year [4]
INEO Announces Suspension of Rights Offering
Newsfile· 2025-11-28 12:00
Core Viewpoint - INEO Tech Corp. has suspended its rights offering due to the withdrawal of conditional approval from the TSX Venture Exchange, following a shareholder complaint regarding the offering's structure and its impact on shareholder interests [1] Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention through its subsidiary INEO Solutions Inc. [2] - The company manages the INEO Media Network, a digital signage and retail analytics platform, and INEO Retail Media, which focuses on advertising across in-store screens [2] - INEO's technology integrates Electronic Article Surveillance (EAS) pedestals with digital displays, helping retailers reduce theft while generating additional media revenue [2] - The company is headquartered in Surrey, British Columbia, Canada, and is publicly traded on the TSX Venture Exchange and OTCQB [2]
INEO Announces Filing of a Rights Offering Circular
Newsfile· 2025-11-25 00:25
Core Viewpoint - INEO Tech Corp. has announced a rights offering to raise up to $1,683,357, allowing shareholders to purchase additional common shares at a subscription price of $0.01 each [2]. Group 1: Rights Offering Details - The rights offering will provide one right for each common share held by shareholders as of the record date of December 2, 2025 [2]. - The rights will be tradable on the TSXV under the symbol "INEO.RT" from December 2, 2025, until December 29, 2025, after which unexercised rights will be void [4]. - Shareholders who fully exercise their rights will have the opportunity to subscribe for additional common shares if available due to unexercised rights [4]. Group 2: Change of Control Provisions - Certain change of control payments are due to the CEO and Chairman if any party acquires 50% or more of the common shares, including a payment equal to three years' salary and immediate vesting of stock options [3]. - To avoid triggering these change of control rights, the company will limit the number of common shares issued so that no subscriber acquires 49.99% or more of the outstanding shares [3]. Group 3: Use of Proceeds - Proceeds from the rights offering are expected to be allocated for inventory purchases, customer deployments, payment of current liabilities, and general administrative expenses [7]. Group 4: Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention, offering a digital signage and retail analytics platform through its subsidiary [9]. - The company is headquartered in Surrey, British Columbia, and is publicly traded on the TSX Venture Exchange and OTCQB [9].
Swiftly Teams Up with 7-Eleven, Inc. to Lead the Alcohol Cashback Market
Businesswire· 2025-11-24 14:12
SEATTLE--(BUSINESS WIRE)--Swiftly, a leading retail technology platform, today announced a major new collaboration with 7-Eleven, Inc., marking another milestone in its rapid expansion and cementing its dominance in the alcohol cashback market. The program has officially launched nationwide and is now available across participating 7-Eleven® and Speedway® stores nationwide, bringing Swiftly's innovative Alcohol Cashback solution to over 10,500+ convenience retail locations and millions of shopp. ...
Alpha Modus Files Coordinated Patent Enforcement Actions Against V-Count and Stratacache, Advancing the Standardization of In-Store AI Infrastructure
Globenewswire· 2025-11-24 13:13
Core Viewpoint - Alpha Modus, Corp. has filed two patent infringement lawsuits against V-Count Global Holding Ltd. and Stratacache, Inc. to protect its core patents related to retail technology and shopper behavior analytics [1][4][5] Patent Infringement Lawsuits - The lawsuits are filed in the Eastern District of Texas and the Central District of California, asserting infringement of patents that are foundational to Alpha Modus' retail intelligence technologies [1][4][5] - The patents in question include U.S. Patent Nos. 10,853,825; 10,977,672; 11,042,890; 11,049,120; 11,301,880; 12,026,731; 12,039,550; 12,354,121; and 12,423,718, which cover various aspects of shopper behavior analytics and store operations [4][5][8] Technology and Development - Alpha Modus has developed its patented systems over more than a decade, focusing on real-world retail applications rather than litigation [3][9] - The company's technologies include real-time customer analytics, inventory management, and personalized marketing, which are integral to modern retail operations [7][10][11] Ecosystem and Market Position - The company emphasizes the importance of enforcing its patents to maintain a fair and standardized ecosystem in the retail technology industry [3][9] - Alpha Modus is expanding its commercial and licensing footprint, with plans for national sales expansion in 2026 [10]
Alpha Modus Files Patent Infringement Lawsuit Against Inditex and Zara in the Eastern District of Texas
Globenewswire· 2025-11-19 16:56
Core Viewpoint - Alpha Modus, Corp. has filed a patent infringement lawsuit against Inditex and Zara USA, claiming unauthorized use of its patented retail technologies [1][2] Group 1: Patent Infringement Details - The lawsuit asserts infringement of four U.S. patents related to real-time retail analytics, personalized shopper engagement, inventory intelligence, and automated in-store purchase technologies [1] - The complaint alleges that Zara's retail environment utilizes Alpha Modus's patented methods without authorization, including RFID garment tracking systems and digital surveillance technologies [2] Group 2: Technology Foundation - Alpha Modus emphasizes that its patented technologies were developed through extensive engineering and real-world testing in retail environments [3] - The company has a growing network of reseller and ecosystem partnerships that integrate its patented methods into retail infrastructure, showcasing active commercial implementations [4] Group 3: Importance of Enforcement - The technologies covered by the patents are essential for modern retail operations, including product-interaction analysis and automated checkout workflows [5] - Alpha Modus typically licenses its intellectual property and pursues enforcement actions only when unlicensed use provides competitive advantages to infringing parties [5] Group 4: Case Information - The lawsuit, titled Alpha Modus, Corp. v. Industria de Diseño Textil, S.A. & Zara USA, Inc., seeks monetary damages, enhanced damages for willful infringement, and injunctive relief [6][9] Group 5: Company Overview - Alpha Modus is a vertical AI company focused on real-time in-store shopper engagement, utilizing a patented "closed-loop" retail AI framework [7] - The company is actively deploying technologies that merge AI, retail media, and financial access across the retail landscape [7]
Alpha Modus Financial Services Partners with TransPecos Banks and Synctera to Power Embedded Financial Services for the AlphaCash Platform
Globenewswire· 2025-11-17 12:20
Core Insights - Alpha Modus Holdings, Inc. has announced a strategic partnership with TransPecos Banks and Synctera to launch a reloadable prepaid debit program and embedded-banking infrastructure for its AlphaCash platform, aimed at enhancing financial accessibility for underbanked households in the U.S. [1][4][5] Group 1: Partnership Details - The partnership will enable Alpha Modus to integrate its in-store AI technologies with real-world payment systems, expanding its footprint in the retail sector [1][4] - TransPecos Banks will act as the sponsor bank, ensuring regulatory compliance and secure banking connectivity, while Synctera will provide the API-driven embedded-finance infrastructure [4][5] Group 2: Product Launch - The AlphaCash platform is set to be released in Q1 2026, designed to provide financial services to consumers without bank accounts through a mobile app and in-store kiosks [3] - This initiative is part of Alpha Modus's broader strategy to integrate AI technologies with financial services, enhancing consumer experiences in retail environments [6] Group 3: Industry Impact - The collaboration is positioned as a significant evolution in community banking, focusing on inclusive financial access through modern technology [5][8] - The partnership exemplifies the future of embedded finance, aiming to create intelligent financial ecosystems that leverage AI and real-time data for consumer interactions [5][6]
Alpha Modus Escalates AI-Retail Enforcement Campaign as New Lawsuit Advances Plan to Dominate AI-for-Retail
Globenewswire· 2025-11-14 12:20
Core Viewpoint - Alpha Modus, Corp. has filed a patent infringement lawsuit against AtliQ Technologies, asserting that AtliQ's AI-powered retail systems infringe on four U.S. patents related to Alpha Modus's technology [1][2]. Patent Infringement Details - The lawsuit claims infringement of U.S. patents Nos. 10,360,571, 10,977,672, 11,042,890, and 12,039,550, which are central to Alpha Modus's ecosystem [2]. - AtliQ's systems, including smart shelf management and retail analytics, utilize methods that are claimed to be patented by Alpha Modus [2]. Company Strategy - The company views patent enforcement as a means to accelerate its business rather than a distraction, aiming to protect its AI-retail workflow and convert infringers into partners [3]. - Alpha Modus has previously engaged in similar enforcement actions against other retail-tech vendors, seeking to standardize licensing for its core retail AI workflow [3]. Company Overview - Alpha Modus, Corp. is a vertical AI company focused on enhancing real-time shopper engagement in physical retail environments through its patented framework [4]. - The company is actively commercializing its technologies across the nation, including through its subsidiary, Alpha Modus Financial Services [4].
Alpha Modus Files Amended Patent Infringement Complaint Against The Kroger Co., Expanding to Nine Patents Covering AI Retail Systems
Globenewswire· 2025-11-12 12:20
Core Viewpoint - Alpha Modus has expanded its patent claims against Kroger, now asserting nine patents related to AI-driven retail technologies, following a previous settlement in 2025 regarding Cooler Screens technology [1][3][4] Group 1: Patent Claims and Legal Actions - The amended complaint includes U.S. Patent No. 10,853,825 and U.S. Patent No. 12,423,718, enhancing Alpha Modus's portfolio in AI-powered retail engagement and analytics [3] - The complaint alleges that Kroger's use of various AI and computer-vision systems infringes on Alpha Modus's patented technologies for real-time consumer analytics and inventory management [3][4] - Alpha Modus is also pursuing a separate lawsuit against Cooler Screens, Inc. in Illinois, indicating a broader strategy to protect its intellectual property [4] Group 2: Company Strategy and Market Position - By expanding its patent claims, Alpha Modus aims to demonstrate the active development of its technologies, which are essential for modern in-store intelligence [5] - The CEO of Alpha Modus emphasized the importance of enforcement and collaboration, highlighting the company's efforts to integrate its technologies into retail environments and build a national sales platform for 2026 [6] - Alpha Modus's technology portfolio includes methods for real-time shopper analytics, dynamic pricing, and AI-assisted operational management, positioning the company as a key player in the retail technology sector [6][7]
Zebra study: 88% of retailers in Europe believe Gen AI to have significant impact on loss prevention
Retail Times· 2025-11-11 09:32
Core Insights - Zebra Technologies Corporation's 18th Annual Global Shopper Study reveals the increasing importance of Gen AI and automation in retail, with 87% of retail leaders emphasizing their role in loss prevention [1] Retail Experience and Shopper Satisfaction - Retailers are focusing on connecting physical and digital experiences through intelligent workflows, which can enhance customer satisfaction and reduce loss [2] - Shopper satisfaction for in-store experiences in Europe has risen to 80%, while online satisfaction has decreased to 74% [2][3] Shopper Priorities and Challenges - Shoppers are prioritizing discounts and promotions due to ongoing inflation, with 67% frustrated by out-of-stocks and 72% by locked-up products [3] - Retailers recognize the need for operational excellence, with 85% of European associates reporting challenges in obtaining timely information [4] Technology and Associate Experience - Effective technology is seen as crucial for improving job satisfaction, with 87% of associates believing it makes their work more enjoyable [5] - 88% of European associates feel that the right technology helps them complete tasks faster [5] Inventory Management and Profitability - Inventory challenges continue to affect shopper satisfaction, with over half of shoppers leaving stores without all intended items [6] - 84% of European retail decision-makers prioritize real-time inventory synchronization, with many planning to implement advanced technologies like computer vision and RFID [7] Revenue Growth through Workflow Improvements - Retailers can achieve up to 1.8-percentage-point increases in revenue growth and profitability by improving inventory management workflows [8] - Optimizing inventory processes is seen as a key strategy for boosting profits from online orders, with a jump from 29% to 38% in prioritization [9] Regional Insights - In Europe, 84% of retail decision-makers feel pressure to synchronize real-time inventory, significantly higher than those focused on pricing and promotions [12] - In North America, 80% of retail associates face challenges in maintaining real-time visibility of out-of-stock products [13] - In Latin America, 60% of shoppers reported leaving stores without all intended items, compared to 52% globally [15]